ECO 342: Money and Banking

Description: This course explores the role that money, financial markets and institutions, and monetary policy play in shaping the economic environment. We investigate why these markets and institutions arise and may lubricate the resource allocation analytically (rather than descriptively), using tools of economic theory.

ECO 525 / FIN 525: Asset Pricing (with Markus Brunnermeier)

Description: Introduction to asset pricing covering theory in both continuous and discrete time to study dynamic portfolio choice; derivative pricing; the term structure of interest rates; and intertemporal asset-pricing and consumption-based models.

ECO 465 / FIN 522: Options, Futures and Financial Derivatives (with Wei Xiong)

Description: The course offers an introduction to financial derivatives and the models used to price them. Pricing techniques include the Black-Scholes formula, as well as extensions to accommodate time-varying volatility. We also consider counterparty credit risk in derivatives trading and the market mechanisms that have arisen to mitigate this risk. This course is technical by nature, and requires extensive use of calculus, statistics, and spreadsheet programming.

Previous years

  • ECO 342: Money and Banking (Undergraduate) Fall 2012, Fall 2013
  • ECO S500: Mathematics for Economists (Ph.D.) Fall 2012
  • ECO 525 / FIN 525: Asset Pricing (Ph.D.) Fall 2013
  • ECO 465 / FIN 522: Options, Futures and Financial Derivatives (M.Fin.) Spring 2014
  • Junior Independent Work 2012-2013